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Tags: trump | market | crash | impeach

Trump Warns: Market Would Crash if Dems Push for Impeachment

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By    |   Thursday, 23 August 2018 07:06 AM EDT

President Donald Trump warns that the stock market will crash and "everybody would be very poor" if Democrats regain control of Congress and attempt to impeach him.

"I guess it says something like high crimes and all — I don't know how you can impeach somebody who has done a great job," Trump told Fox News' "Fox and Friends" co-host Ainsley Earhardt, during a wide-ranging interview recorded Wednesday at the White House and aired Thursday morning.

"I will tell you what, if I ever got impeached, I think the market would crash. I think everybody would be very poor because without this thinking, you would see numbers that you wouldn't believe in reverse."

Further, he said, if Hillary Clinton had won the 2016 election, instead of the current 4.1 percent growth, the economy would have tanked.

Instead, he said he got "rid of regulations," and "did a lot of things."

"Had Hillary and the Democrats gotten in, had she been president, you would have had negative growth," he said. "We picked up $10 trillion in worth. China, by the way, has gone down $15 trillion, okay? And when I came, in China was a dominant force. Now, they like me very much. I get along great with President Xi Jinping."

He said he waited to take action on China because he wanted its help on North Korea.

"China has been a big help on North Korea. I said I have to get going now on trade...we had a deficit with China $517 billion," said Trump. "No, it's not going to happen anymore."

Sandy Fitzgerald

Sandy Fitzgerald has more than three decades in journalism and serves as a general assignment writer for Newsmax covering news, media, and politics. 

© 2025 Newsmax. All rights reserved.


Politics
President Donald Trump warns that the stock market will crash and "everybody would be very poor" if Democrats regain control of Congress and attempt to impeach him.
trump, market, crash, impeach
261
2018-06-23
Thursday, 23 August 2018 07:06 AM
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